Third-Party Risk Management: Latest Trends and Techniques

Workshop overview:

Over the past decade, organisations have increased their engagement with suppliers in order to gain access to specialist expertise, streamline their processes, and improve productivity. At the same time, third-party risk has increased and is now seen as one of the top 5 risks for the financial services sector. This interactive one-day workshop has been structured to enable participants to examine latest developments, trends and techniques in the dynamic field of TPRM, reflect on practical ways of building an effective third-party framework to remain at the forefront of industry developments and regulatory expectations.

The course is packed with practical tips and hints and ends with Make A Difference discussion, where attendees share their take-aways that will make a real difference to their organisation.

Learning outcomes:

The course will allow participants to:

Conduct a deep dive into building an effective third-party risk framework

Examine evolving practices for third-party monitoring

Develop third-party risk appetite and monitoring KRIs

Incorporate ESG practices into third-party management

Reflect on resilience arrangements in light of regulatory requirements

Review practical examples, case studies and industry benchmarks

Interact with fellow practitioners

Benchmark the maturity of approaches against peers

Interested in taking any of our workshops in-house?

Whether you are seeking to upskill your team, enhance productivity or foster a culture of continuous learning, we can deliver customised training programmes designed to meet your specific needs. If you have an enquiry, you can complete the in-house form and our training team will be in touch with next steps.

IN-HOUSE TRAINING

Area of expertise:

Prudential risk, reporting and tax

Top Speaker

Elena Pykhova

Trainer

Elena Pykhova is award-winning risk expert, author, international trainer and educator. She is the founder of a boutique risk management consultancy, ...

Elena Pykhova is award-winning risk expert, author, international trainer and educator. She is the founder of a boutique risk management consultancy, The OpRisk company, specializing in risk transformation, board and executive level advice on effective operational and enterprise risk management strategy, design and implementation. Elena is an author of a best-selling book, Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions.

She is a renowned educator, running public and in-house training courses in the UK and internationally for world-leading organisations including Euronext, the Moller Center Cambridge University and the Institute of Internal Auditors. Elena is a thought leader, influencer and founder of a prominent industry think tank, the Best Practice Operational Risk Forum. She is a former Director for Education at the Institute of Operational Risk and chair of the Expert Panel for the Association of Foreign Banks. Passionate about the discipline, she founded her training and consulting practice after 20 years of experience in senior roles at Fortune 500 companies.

Any organisation using third parties to deliver critical services or products to their customers. This course has been designed for professionals including: 

Operational and Enterprise Risk

Third Party Risk

Procurement

IT, Operational Resilience and Business Continuity

Compliance, Governance and control

Internal Audit

Heads of departments

Directors and senior executives